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Univ. of Phoenix Accused of Manipulating Its Default Rate
14 January 09 04:39 PM | Student Loan Girl | 0 Comments   
Three former University of Phoenix students are suing the for-profit higher education giant for using a questionable loan repayment practice that skews the university’s default rate and takes away federal student loan repayment options from students who Read More...
For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM | Student Loan Girl | 0 Comments   
Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two Read More...
Unfinished Business: Congress May Break Before Higher-Ed Bills Reviewed
03 July 08 04:08 PM | Student Loan Girl | 0 Comments   
While Congress is heading home for its annual Fourth of July recess, there are still many higher-education bills and pieces of legislation that need to be addressed before they break, according to an article in The Chronicle of Higher Education (“ Higher- Read More...
In Fight to Lower Tuition, Small Universities May Be Harmed
25 June 08 03:43 PM | Student Loan Girl | 0 Comments   
Some small U.S. colleges and universities are concerned that they may be the target of a new bill that would force schools with multi -billion dollar endowments, like Harvard , to reduce their tuition costs, and place other high-tuition institutions without Read More...
New Senator at the Helm of Higher Education Act Negotiations
03 June 08 04:13 PM | Student Loan Girl | 0 Comments   
Sen. Barbara Mikulski , D-Md., will “pinch hit” for Sen. Edward Kennedy , D-Mass. — the chairman of the Senate Committee on Health, Education, Labor and Pensions who is recovering from surgery to treat a malignant brain tumor — in Senate and House negotiations Read More...
Senator Proposes Penalties for Colleges That Hoard Endowment Funds
15 May 08 11:58 AM | Student Loan Girl | 0 Comments   
In a recent letter to the U.S. House of Representatives Committee on Ways and Means , Rep. Peter Welch , D-Vermont, proposed restricting IRA rollover contributions to colleges that don’t use their endowments to help low and middle-income students pay Read More...
Credit Unions Offer Themselves as Partial Solution to Looming Student Loan Crisis
12 April 08 11:19 AM | Student Loan Girl | 0 Comments   
In the last six months alone, since legislators eliminated over $21 billion in subsidies to student loan lenders in the Federal Family Education Loan Program, at least 44 FFELP lenders have stopped originating federal student loans. This exodus of lenders Read More...
Congress Joins States and Colleges in Efforts to Reduce Soaring Textbook Costs
03 March 08 07:09 AM | Student Loan Girl | 1 Comments   
With the average college student now shelling out between $900 and $1,000 each year for textbooks and supplies, according to the College Board ’s latest Trends in College Pricing report, schools, states, and now Congress are getting involved in the crusade Read More...

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